ICICIDirect Stock Trading, Demat, Brokerage and Reviews

ICICI Securities Pvt Ltd.

ICICIdirect is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group...

I know you should be an employee of ICICI bank So I can understand your forceful comment here.

I have very very worst experience with ICICI direct service platform.

1. They will never inform you that they are deducting any hidden charges like DP charges. It will get deducted monthly from your account just like there account.

2. Brokerage is very very high compared to other competitors brokerages service providers.

3. They will never register your "NOMINEE" details at the time of account opening both in case of saving and d-mat account. you have to go to the bank and fill all necessary forms and take continuous follow up to get nominee registered to your account which is very frustrative.

4. A lot of hidden charges, will not tell you at time of account opening.

So, it''s my honest opinion is that please do not go for ICICI Direct for trading, let me tell you with 100% assurance you will suffer a lot!!

Like:1. Trading platform as it is totally integrated and reliable. 2. 3-in-1 account, for seamless and fast transactions.3. Customer ServiceDislike:1. Extremely high brokerage.2. High AMC3. Recommendations are given for buy and sell. But if some stock donot perform as predicted and you ask for further advise, they are not very keen to help.

I am having ICICI 3-1 Account since last 8 years. I will say this is the worst experience of my life. I want to close my 3-1 Account but they say that i cannot close the account due to i-saver prepaid plan a private credit society than this disgusting bank.

Brokerage charges are very high.Very degrading services not worth the effort opening in ICICI.Account gets debited without any notification.DP charges and other miscellaneous charges get debited monthly without any notification.No phone service or no value to customers from its staff or agents. They talk like they are Gods and what they say is to be done. First they must teach their staff proper behaviour and must be efficient to client not their seat and salary.

Also i want to know has anyone got prepaid demat charges returned before the completion of 15 years. If yes please tell me the procedure so that i can get it also.